Today, stocks across the globe fell after a historic three-day run-up, as skittish investors kept indices on track for their worst monthly and quarterly performances since 2008, while the dollar fell by the most in any week since 2009.
Canada claimed that it will cover 75% of wages for small businesses and the central bank cut its key interest rate to the lowest level in a decade.
The European Central Bank chief urged EU leaders to act more decisively as the bloc feuds over how far to go to cushion the economic hit of the pandemic.
Investors rushed into cash and out of bonds at a record pace over the past week, BofA’s weekly fund flow data showed.